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Intercontinental Exchange’s CEO Says Blockchain Tech Is A Trend We Can't Ignore

In an April 9, 2018 interview with Bloomberg Technology, ICE’s CEO Jeffrey Sprecher was asked if adding digital currency futures contracts was on the table. “It’s early days. There is something about technology today that many more people are comfortable with it than they are with the institutions of governments and society that I grew up with,” Sprecher said. “People put more faith in a guy named Satoshi Nakamoto that no one has ever met than they do in the U.S. Fed. That’s an interesting trend that I think you can’t ignore.”

Sprecher’s comments are subtle as they are powerful. He’s also quite accurate with how society today is changing and how big names in technology are quickly seeing that blockchain and cryptocurrency technologies are quickly gaining acceptance. While all of this is in its developing stages, even the most skeptical are starting to realize this trend may be one without an end in sight.

An important topic Sprecher brought up in the interview is that of how blockchain technology started. It’s ironic that a sweeping technology taking over everything from cryptocurrency to artificial intelligence has no verified person to take credit for its existence. It began simply as a whitepaper that appeared in 2008 titled, “Bitcoin: A Peer-to-Peer Electronic Cash System” by a Satoshi Nakamoto. While some have claimed to be Nakamoto, to date no person has been able to prove they are the crypto-legend.

The Intercontinental Exchange (ICE) is the owner of 23 regulated exchanges, including the New York Stock Exchange. This ownership includes ICE futures exchanges in the United States, Canada and Europe as well as the Liffe futures exchanges in Europe along with OTC energy, credit and equity markets.

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Jack Taylor is a freelance journalist who has contributed to many award winning media outlets on a wide range of topics regarding trending technologies, cryptocurrency, blockchain & digital privacy.
Tennessee